Overview
What is Frontier Credit Union?
Frontier Credit Union, based at 865 South Woodruff in Idaho Falls, Idaho (ID 83401), is a financial institution committed to assisting its members with their lending needs. With a team of 216 employees, the credit union granted over $320 million in consumer loans in 2022. The organization's mission is to actively contribute to the financial prosperity of its members, providing various consumer loan services.
Official website here: www.eastidahocu.org
What are the reviews and ratings of this charity?
Frontier Credit Union is currently not rated by Charity Navigator as it is not registered as a 501(c)(3) nonprofit organization. This indicates that it can't be evaluated under specific beacons such as Accountability & Finance or Impact & Measurement, which are a standard for charity assessments. The absence of a rating, therefore, should not be seen as inherently positive or negative; rather, it means that Frontier Credit Union falls outside the evaluation criteria used by Charity Navigator.
There is a lack of available financial data, such as total revenue and expenses and key staff salaries, which limits the ability to comprehensively assess the financial health or transparency of Frontier Credit Union according to Charity Navigator standards. It is identified as an independent organization, indicating autonomy in its operations.
No user reviews for Frontier Credit Union could be found on GreatNonprofits, leaving a gap in public feedback. It thus remains challenging to gauge community sentiment or personal experiences related to the credit union through this platform.
This AI summary has been generated from information found on Charity Navigator.
Is Frontier Credit Union legitimate?
Frontier Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Frontier Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $981,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,204,799
For more financial information, click here
Official website here: www.eastidahocu.org
What is the mission statement of Frontier Credit Union?
Frontier Credit Union is committed to actively contributing to the financial well-being of its members. This mission is reflected in the significant number of consumer loans that the credit union granted, amounting to over $320 million in 2022. Through its lending services, Frontier Credit Union empowers its members to achieve their financial goals. The credit union's dedication to its members' financial success sets it apart and reinforces its role as a trusted financial partner.
Official website here: www.eastidahocu.org
Who is the CEO of Frontier Credit Union?
Dan Thurman is the Ceo of Frontier Credit Union. The CEO's salary of Frontier Credit Union is $374,169 and their total compensation is $418,086.
Official website here: www.eastidahocu.org
What is the revenue of Frontier Credit Union?
Frontier Credit Union's revenue in 2022 was $34,471,344.
Official website here: www.eastidahocu.org
Who are the executives of Frontier Credit Union and what are their salaries?
The average compensation at Frontier Credit Union during 2022 was $47,158. There are 216 employees and 11 volunteers at Frontier Credit Union.
Here are 15 key members and their salaries (Frontier Credit Union's CEO's salary is $374,169 and their total compensation is $418,086):
- Compensation: $374,169
- Related: $0
- Other: $43,917
- Compensation: $288,917
- Related: $0
- Other: $31,556
- Compensation: $211,613
- Related: $0
- Other: $28,832
- Compensation: $223,038
- Related: $0
- Other: $17,238
- Compensation: $213,866
- Related: $0
- Other: $18,496
- Compensation: $186,203
- Related: $0
- Other: $34,111
- Compensation: $173,846
- Related: $0
- Other: $36,096
- Compensation: $189,084
- Related: $0
- Other: $10,998
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.eastidahocu.org
Where can I find the form 990 for Frontier Credit Union?
Frontier Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastidahocu.org
Learn more at the official website: www.eastidahocu.org
Mission Statement of Frontier Credit Union
Frontier Credit Union, with its mission to be an active participant in the financial success of its members, strives to make a positive impact on the lives of its borrowers. The credit union's primary goal is to extend consumer loans to its members, as evidenced by the over $320 million in loans granted during the year 2022.
By actively engaging in the financial well-being of its members, Frontier Credit Union distinguishes itself as more than just a financial institution. The credit union's dedication to its members' financial success is a guiding principle that underpins all of its operations. This commitment is reflected in the diverse range of consumer loans it offers, enabling members to achieve their financial goals and improve their overall financial situations.
Frontier Credit Union's unwavering focus on its members' financial success sets it apart in the industry. Through its consumer lending services, the credit union offers flexible and accessible financial solutions that cater to the unique needs of its borrowers. This approach empowers members to take control of their financial futures and build a solid foundation for long-term financial prosperity.
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Impact
October, 2024
Frontier Credit Union plays a significant role in promoting financial well-being within the Idaho Falls community. By providing access to consumer loans, the credit union granted over $320 million in loans to its members in 2022 alone, enabling individuals and families to achieve their financial goals. This substantial lending activity supports various personal and family needs, from purchasing vehicles to funding education.
The credit union's mission focuses on actively participating in the financial success of its members, fostering a supportive environment that empowers them to grow economically. By prioritizing member needs and offering tailored financial solutions, Frontier Credit Union helps improve the overall financial landscape in the region, enhancing both individual lives and the community as a whole.
This information is meant to be a general summary of Frontier Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $481,993
- Program Service Revenue: $33,939,351
- Gross Receipts: $34,471,344
Assets and Liabilities:
- Total Assets: $632,584,518
- Total Liabilities: $584,632,447
- Net Assets: $47,952,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest Income
Revenue
$22,182,411
Fee Income
Revenue
$7,841,654
Visa Interchange Income
Revenue
$3,785,306
Safe Deposit Box & Member ATM Inc
Revenue
$129,980
Organization Details
Founding Year
1935
Phone
(208) 523-9068Principal Officer
Dan Thurman
Main Address
865 South Woodruff, Idaho Falls, ID, 83401
Website
www.eastidahocu.orgNTEE Category
Code: W61 - Public benefit
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